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Car fleet leasing market growing 4.16% CAGR by 2020 according to new research report

Car fleet leasing market growing 4.16% CAGR by 2020 according to new research report

The analysts forecast fleet car leasing market in the US to grow at a CAGR of 4.16% over the period 2014-2019. Leasing refers to financing an asset to meet a client's specific need.

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Car leasing is a system of using a new or used car by paying for a specified period of time. It is similar to renting a car, but for a longer time period.

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There are two parties involved in leasing a car: lessee (one who pays) and lessor (the owner of the asset who takes the payment).

Report: www.reportsnreports.com/.aspx?name=403564.

The fleet car leasing market in the US is segmented based on the types of lease and end-users. Car leasing can be classified into two types: operating lease and financial lease.

Operating leases are short-term leases, wherein the lessee pays the lessor the rental for the period during which the vehicle is on lease. Financial leasing refers to the lease arrangement wherein the lessee indicates their choice of asset and the lessor purchases the asset on their behalf.

The lessee repays the cost of the vehicle in monthly instalments. Car leasing is usually available from the following sources: captive finance companies, commercial banks, credit unions, and independent leasing companies.

Report at www.reportsnreports.com/contacts/.aspx?name=403564.

The report, Fleet Car Leasing Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years.

The report also includes a discussion of the key vendors operating in this market.

Report at www.reportsnreports.com/contacts/.aspx?name=403564.

Key vendors

ALD Automotive

Arval

ExpatRide

LeasePlan

Sixt

Other prominent vendors

Absolute Auto Leasing

Autoflex

CARLEASE

Cars Express

Executive Car Leasing

FairLease

First Class Auto Lease

Global Auto Leasing

High End Auto Leasing

Infinite Leasing

Pacific Auto Leasing and more.

Market driver

Easy Replacement of Cars

For a full, detailed list, view our report

Market challenge

Stringent Government Regulations

For a full, detailed list, view our report

Market trend

Emergence of Captive Finance Companies

For a full, detailed list, view our report

 

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